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-- scare people, but what you should do in this environment is don't get distracted from there, don't go for fear. >> ross, if what you're saying suggests, perhaps, gold still is a safe haven, why do you think so? >> let me qualify that. it's an imperfect safe haven. it's an imperfect safe haven, particularly in the short run. >> against what? >> against financial meltdown or inflation or politicians not doing what they should do, in that case. so it's an insurance plan, if you like. >> is the reason we have this down move is because people are now -- is the gold pricing in the fact we're not going to get more qe out of -- >> it may be. and it's part of the story dwr the shorts have hit gold is not because of what has happened, but because of what hasn't happened. we haven't had hyper inflation. we didn't have the euro collapse. certain things didn't happen. i think that would have aggravated the gold market. fundamentally, it still remains in the short-term a long haven and imperfect. >> if nvs the kind of move, you know, that indicated that if gold were going to respond to more quantit
money printing. in those environments, gold does very well. you have the goldman sachs downgrade. you have people picking sides. then you have the slowing chinese debt. i think that really hits the market all at once. that led to margins being that and they continue to tumble downwards. dagen: talk about the difference you are seeing in behavior. are you seeing any selling among those physical gold owners? >> not as dramatic of a difference. we are a precious metals platform. on friday and monday, we had four to five times as many body and sell orders. we have done our own research. i think that plays into my point. it is somewhat reminiscent to what happened to apple. in the paper market, you have a dramatic selloff. in the physical market, the demand is very, very strong. connell: let's follow up on that. let's talk about apple. the big game for the dollar versus the euro. is that part of the case you make for gold? >> i think part of the reason is for safety. in times like this, i think now is a fantastic entry point. it is certainly better than two weeks ago. it is uncorrelated. t
slices so everybody can eat. you need to get more pizza. in order to do that you need an environment good for business. and i think they have all lost sight of that. it's not about taxes, redistribution. >> are you looking for a quick fix? >> there's no quick fix to this. there's a very difficult fix to this and things if both sides will have to do that are uncomfortable in the short run. lying about it isn't going to make it better. by saying social security, medicare, medicaid aren't in trouble, is not going to make it better. >> working so well. >> despicable. >> bob, thank you for coming in today. >> thank you. >> j.j., rick, see you soon. thank you. >> always a pleasure. >> our guest host will be with us the rest of the show. >> very excited this morning. >> tell us what you really think. coming up, more on goldman sack's earnings report. beating the streets expectations by 40%. up next, reaction from financial sector analysts. the one and only dick bove. ♪ ♪ the new blackberry z10 with time shift and blackberry balance. built to keep you moving. see it in action at blackberry.co
with our reduced output so the faith is still there, that it's well run in a bad macro economic environment which comes back to mcdonald's which you have a note out today from sus can dehanna which says it is executing across the world and it is stable in its market share or gaining and it is against it. that seems to be the major theme. >> another theme that's sort of emerged in these big companies, citigroup, as well is the strength of the latin american consumer and the latin american corporation. caterpillar noting that lshg, even though china continues to be weak and there seems to be a shift from asia pacific to latin america coming from these multinationals. >> resuming the buyback does not hurt by the end of the year. it had approved for a while in '07. >> and that might be taking some of the sting out of this today. >> when we come back, yet another price target cut for apple ahead of its earnings and this time from bmo. colin gilles over at bgc is upgrading the stock this morning. which one is right? we'll hear from both analysts this morning. the dow coming off its worst week sin
environment and have been a part since iceland was -- [inaudible] >> taking step back and looking for a broadly two things i've been talking about climate change and fishing. has global environmental change been benefit to iceland's fishery or a detriment? >> well, it's very difficult to an that question, indeed it's one of the big issues -- a number of decades because it has tradition nayly been the key part of the export driven fishing circle. of course the species as well. some people are arguing cue to the -- [inaudible] so one of the reasons why there is a need for more active arctic corporation is in fact to study what is happen together fishery in the ocean of the world including the arctic and the ice melt. and i found it interesting when i invited them to iceland a few years ago, he is, as you might know, a special envoy of the president of france on arctic and polar issues. his argument was that the first dispute that would unearth nationings to a new situation in the arctic would be dispute over fisheries. that the meting of the arctic sea ice and the transmore fashion
this is not an environment in which to address this. there are serious allegations of what they knew and did not know, and we'll have the benefit of hindsight. we are all monday morning quarterbacks on this, but because of his and issue intricately woven into legislation, we ought to let the dust settle, the emotions calm down before we address it. ashley: when you look at the root they took, everything was done legally. they went through the process, the younger brother became a citizen on 9/11 last year, the older brother held a green card, they filled out all the forms. what did the fbi now reportedly, allegedly i should say, knew they were tipped off the older brother, there was concerned about him. from an immigration point of view, some say they got through the cracks. tracy: fbi does not monitor immigrants. the fbi would only get involved with immigrant if there is credible allegation of criminal activity. it did not rise to the level of prosecution of credibility. they can only go forward with and do something with evidence when there is enough evidence to move forward with it did not exist at the ti
and the reason is because the environment had so radically changed in a very short period of time. that's one of the things i detail. >> when we look at hawaii now we don't see that. we see the plantations and that sort of thing. so, t.d.? >> what i found out when i was researching this book is the paradise like other things is an intellectual and social construct and just as there is a paper trail in the spanish illusion that gold was to be found in florida, by the way i just want to clarify one thing it begins with the first massacre of white men in the western hemisphere certainly and north america and this is how our history began with a spanish learned there was nothing to be found. it was only tradition in florida, that was before they found out that they had established a settlement in jacksonville so they tore across the atlantic and massacred several hundred frenchmen and that is the beginning of the history. as i say in the beginning if we look at -- for this old guy looking for viagra and largely america thinks here comes a hurricane this is no understanding, but if you look at the
into an environment like this, first, you want to say am i indoors, outdoor, this is an outdoor event. where am i standing? are there trash cans near me? is there a mailbox near me? that can be a someplace where somebody can conceal a device. don't stand there. is there glass around me? get away from that, if stand near a structure that's concrete, steel, brick. even if it's from a distance, the blast wave can shatter all that glass. >> do you need to be thinking about that? >> it's such a weird thing to think about. >> on a day when you're celebrating, you're not thinking about this. >> you should think about this all the time. wherever you go. whether it's a movie theater, the school, the mall. >> is it our new reality? and is it going to get worse? >> i think this is reality and i think that you should do this, it takes a few minutes, any place you go, what do i do if this happens. >> what do you think it does to your psyche? there are some people, i get it, you live your life afraid. like oh my god, something bad's around the corner. living your life that way -- >> most of the time it isn't.
Search Results 0 to 7 of about 8